OneMarketData appoints Louis Lovas director of solutions to help expand vertical solutions offerings for OneTick and OneQuantData
New York, N.Y., June 21, 2010 - OneMarketData, LLC, the leader in tick data management, analytics and complex event processing (CEP), today announced it has expanded its development team by appointing Louis Lovas, former chief architect of the Progress Apama CEP platform, as its director of solutions. Mr. Lovas will report directly to Leonid Frants, principal and founder for OneMarketData.
"We are excited to welcome Louis Lovas to the OneMarketData team," said Leonid Frants, founder and principal of OneMarketData. "With more than 20 years of experience developing cutting-edge solutions within the CEP and algorithmic trading spaces, Mr. Lovas has the knowledge and expertise necessary to help OneMarketData develop new functionalities that will increase the reach of our leading high performance integrated database and CEP solutions."
Mr. Lovas will be responsible for leading OneMarketData’s initiatives in building targeted vertical solutions for its leading OneTick Database, CEP and OneQuantData products to provide traders with the functionality they need to effectively perform complex analyses all from a single, unified platform.
Mr Lovas has provided technical leadership for the design and development of many enterprise products, including CEP and database and application server platforms primarily in the financial technology sector. For the past five years he has been the chief architect of the Progress Apama CEP platform, where he was responsible for shaping its strategic vision. He has been a leading voice in the industry on CEP technology and its use in capital markets, focusing on areas such as high frequency trading.
Mr. Lovas joins the OneMarketData team as they continue to grow their comprehensive suite of high performance database and CEP solutions that includes OneTick, the one solution for tick data management, analytics and CEP. OneTick allows clients to use one platform to access all data including equities, fixed income, futures, FX and options, as well as full order book data. It compresses, stores and analyzes all kinds of data uniformly - whether it is tick data, daily process data, reference data or news. OneTick also empowers users to write real-time queries on streaming real-time and historical tick data.
In addition, OneTick Database easily tackles rapidly rising data volumes and real-time data rates, while servicing multiple concurrent user queries on large datasets that span decades. A multi-asset class solution with no limitations on data volumes, peak rates or length of stored history, OneTick empowers users to access one integrated database for all quantitative research needs.
About OneMarketData
OneMarketData is a leading provider of enterprise tick data solutions for financial institutions worldwide. OneTickTM, its flagship product, is a comprehensive business solution designed to fully address the market's need for intraday data collection, archiving, retrieval, and analytics across a wide spectrum of users from various departments. The OneTick Platform includes high-performance OneTick Archive and In-Memory Databases, OneTick Event Processing Engine, OneTick Analytics, and a wide array of Adapters to standard sources of historical and real-time tick data. Conceived to specifically address the requirements of the financial sector, OneTick's architecture and extensive built-in domain expertise offers low integration and operation costs, and fast deployment. More information about OneMarketData is available at www.onetick.com.